$1,150,000
●
Commercial -
Off Market
80 Saint Nicholas Avenue
Bushwick, NY 11237
Studio
0 Bath
$1,385,950
RealtyHop Estimate
2.66%
Since Jun 1, 2023
NY-New York
Primary Model
About This Property
Calling All Investors, Developers & End-Users!!! 8.77 Cap 6 Unit
Apartment Building With 2 Garages For Sale!!! The Building Features
Excellent Signage, Great Exposure, Separate Meters, LED Lighting,
New Electric, New Gas Lines, New Water Lines, New Silicone Roof,
New Waste Lines, Renovated Apartments, 6 Parking Spaces, A/C,
+++!!! Located In The Heart Of Upper Bushwick WIth Rooftop Views Of
Manhattan!!! Neighbors Include CVS, Rite Aid, Capital One, TD Bank,
Bank Of America, Blink Fitness, Dollar Tree, Dollar General, +++!!!
The Property Offers EASY ACCESS TO MANHATTAN Via The Train & The
Williamsburg Bridge!!! This Property Offers HUGE UPSIDE
Potential!!! Income: 1L: $1,553.25 Per Month ($18,639
Ann.) 1R: $1,496.82 Per Month ($17,961.84 Ann.) 2L: $2,242.73 Per
Month ($26,912.76 Ann.) 2R: $1,514.70 Per Month ($18,176.40 Ann.)
3L: $1,904.77 Per Month ($22,857.24 Ann.) 3R: $1,997.52 Per Month
($23,970.24 Ann.) Garage: $6,000 Ann. Gross Income:
$140,790.12 Expenses: Gas: $6,000 Ann. (Heating Only)
Electric: $680 Ann. (Hallway & LL) Maintenance/ Repairs: $250
Insurance: $3,823 Ann. Taxes: $11,607.24 Ann. Total Expenses:
$22,360.24 Net Operating Income (NOI):
$118,429.88 (8.77 Cap)
Unit Size
-
Days on Market
215 days
Land Size
0.05 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$967
HOA Dues
-
Year Built
1931
Last updated: 12 months ago (OneKey MLS #3436910)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 16, 2023 | Sold | $1,150,000 | |
Sold | |||
Apr 6, 2023 | In contract | - | |
In contract | |||
Feb 28, 2023 | Price Decreased |
$1,350,000
↓ $38K
(2.7%)
|
|
Price Decreased | |||
Feb 14, 2023 | Price Decreased |
$1,388,000
↓ $112K
(7.5%)
|
|
Price Decreased | |||
Jan 12, 2023 | Price Decreased |
$1,500,000
↓ $88K
(5.5%)
|
|
Price Decreased |
Show More
Property Highlights
Exterior Details
Property Information
Square Footage: 4875
Building Information
Building Area Units: Square Feet
Lot Information
Lot Size Area: 0.05
Lot Size Units: Acres
Lot Size Acres: 0.05
Financial Details
Tax Annual Amount: $11,607
Utilities Details
Heating Type: Natural Gas
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Commercial
Loft
-
-
$995,000
May 23, 2022
$995,000
Dec 2, 2022
$962/mo
Other
Loft
3
Baths
-
$1,200,000
Dec 22, 2014
$1,200,000
Feb 5, 2015
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/13/2022
|
|
Loft
|
-
|
-
|
$1,688,000
Loft
-
|
$1,200,000
-28.91%
05/16/2023
|
Richard Matt Shane
All Island Estates Realty Corp
|